U.S. Rep. Mike Turner, R-Dayton, this week reintroduced a bill that would repeal a tax imposed on medical device manufacturers under President Obama’s health care law.
The health care law imposed a 2.3 percent excise tax on the sale of medical devices beginning Jan. 1. Turner said the tax would stifle development of innovative life-saving products during a time when the economy is struggling.
“Southwest Ohio has long been known as an incubator for advanced manufacturing,” he said in a release announcing the legislation. “The gains and jobs medical device manufacturers have made in our state will not continue with the implementation of this tax. This tax is prohibitive to the type of growth Ohio and the nation needs in these difficult economic times.”